Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

1113 LAKE PARKE Drive, St. Johns, FL 32259 (MLS# 2148913)

1113 LAKE PARKE Drive, St. Johns, FL 32259

$548,000

Virtual Tour

https://www.zillow.com/view-imx/3deebc15-db59-4f3e-b5f6-a40721c95c0c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,150 Lot Size (sq. ft.): 14,810 Status: Closed

Current Price: $548,000 List Date: 6/05/2026 Last Modified: 7/06/2026

Overview

Description

MULTIPLE OFFERS RECEIVED. Seller is requesting highest and best offers by Monday, June 8 at 1:00 pm. Welcome to this beautifully renovated 4-bedroom, 2-bath home, thoughtfully updated with luxurious finishes and exceptional attention to detail. Designed for both everyday living and entertaining, this stunning residence also offers plumbing in place for a potential third bathroom, providing room to grow. The heart of the home features elegant white KraftMaid soft-close cabinetry with dovetail construction, quartz countertops, a stylish tile backsplash, and new stainless steel appliances. The spacious family room is filled with character, showcasing custom built-ins, a cozy fireplace, plank flooring, and crown molding throughout. New sliding glass door lead to a covered patio and extended paver entertaining area, seamlessly connecting indoor and outdoor living. The large, fully fenced backyard overlooks a picturesque horse farm conservation for tranquil views.

Supplements: The private primary suite offers a beautifully renovated ensuite bath and a custom walk-in closet with built-in organization. A desirable split-bedroom floor plan provides privacy, while three additional bedrooms share an updated hall bath. The garage has an epoxy floor finish and has been fitted for a generator inlet. Fresh exterior paint and cus ... (Read more)

Listing Details MLS# 2148913

General Property Information

Bedrooms Total: 4
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 2150
Living Area Source: Public Records
Year Built: 1995
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.34
Association YN: Yes
Association Fee: 580
Association Fee Frequency: Annually
CDD Fee YN: Yes
CDD Fee Amount: 1426.73
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
Senior Community YN: No
Directions: South on SR13 to Left on Racetrack to Left at Durbin Creek, into the Parkes. Turn Right on Lake Parke. Home is on the Left.
Public Remarks: MULTIPLE OFFERS RECEIVED. Seller is requesting highest and best offers by Monday, June 8 at 1:00 pm. Welcome to this beautifully renovated 4-bedroom, 2-bath home, thoughtfully updated with luxurious finishes and exceptional attention to detail. Designed for both everyday living and entertaining, this stunning residence also offers plumbing in place for a potential third bathroom, providing room to grow. The heart of the home features elegant white KraftMaid soft-close cabinetry with dovetail construction, quartz countertops, a stylish tile backsplash, and new stainless steel appliances. The spacious family room is filled with character, showcasing custom built-ins, a cozy fireplace, plank flooring, and crown molding throughout. New sliding glass door lead to a covered patio and extended paver entertaining area, seamlessly connecting indoor and outdoor living. The large, fully fenced backyard overlooks a picturesque horse farm conservation for tranquil views.
List Price/SqFt: 252.09
Sold Price/SqFt: 254.88

Property Features

Architectural Style: Ranch Levels: One Property Condition: Updated/Remodeled Appliances: Dishwasher; Disposal; Electric Oven; Microwave; Refrigerator Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Entrance Foyer; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile Laundry Features: Electric Dryer Hookup; Washer Hookup Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air; Electric Heating: Electric Water Source: Public Sewer: Public Sewer Construction Materials: Frame; Stucco Patio And Porch Features: Covered; Rear Porch Roof: Shingle Parking Features: Attached; Garage View: Trees/Woods Fencing: Back Yard; Fenced Current Use: Residential Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Golf Course; Jogging Path; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Financing